Golden Finance reported that according to monitoring by on-chain analyst @ai_9684xtpa, address 0x5b3 has transferred 8.51 million ENA (worth $5.93 million) from Gate and Bybit since May 12, 2024 and pledged all of them at an average price of $0.697; five hours ago, the whale redeemed all the tokens and deposited them into Gate. If it sells at this time, it will lose $2.52 million, and the price of the currency will fall by nearly 44%.